SilverCrest Mines takes two steps forward at Santa Elena
SilverCrest Mines (SVL-V, STVZF-O) has checked off two more boxes on its “to-do” list before it can move its Sant…
Gold
More gold for Aquila
Aquila Resources (AQA-T) got a slight lift from drills testing a porphyry deposit at its Back Forty project in Mich…
AngloGold buys Sao Bento mine
VANCOUVER– AngloGold Ashanti (AU-N, AGD-L) will get Eldorado Gold’s (ELD-T, EGO-X)Sao Bento mine in Brazil, now on care and maintenance, for US$70 million worth of AngloGold shares tradable on the Ne…
Western Copper jumps environmental hurdle at Carmacks
VANCOUVER — An OK from the Yukon Environmental and Socioeconomic Board (YESAB) on Western Copper’s (WRN-T, WCPCF-O) Carmacks copper project paves the wayfor a mining licence, Julien Francois, Western…
Teal grows resource, grades at Namibian project
Teal Exploration & Mining’s (TL-T, TEL-J) Otjikoto gold project in Namibia is demonstrating higher grades and resources, the company reports.
Young-Davidson results upbeat for Northgate
VANCOUVER–After a preliminary economic assessment found its Young-Davidson gold project in Ontario just economic, Northgate Minerals (NGX-T, NGX-X) released a set of drill results from the project su…
NovaGold sees class action over Galore Creek
A class action lawsuit has been filed against NovaGold Resources (NG-T, NG-N) claiming the company and certain officers issued false and misleading statements about the costs, progress and viability o…
Wesdome Gold chases the next million ounces
SITE VISIT WAWA, ONT. — A gold dor bar doesn’t look all that heavy but it takes a bit of effort to lift 961.5 troy oz. of gold compacted into…
EDITORIAL: Oil, metals and Russia’s triumph
Despite political upheaval in the world, the broad decline in oil and mineral prices picked up steam during the week ended Aug. 9, the 32nd trading week of 2008, much to the detriment of resource comp…
Promontorio drilling delivers for Kootenay Gold
VANCOUVER — Continued good news out of the Promontorio silver-gold- lead-zinc project in Sonora, Mexico, once again buoyed Kootenay Gold’s (KTN-V, KOOYF-O) share price in a lagging market.
Banro pulls strong intercepts at Twangiza in DRC
Assay results from an additional 30 diamond-drill holes from Banro’s (BAA-T, BAA-X) Twangiza project on the Twangiza-Namoya gold belt, in the Democratic Republic of the Congo, continue to come up gold…
High River sees Q2 cash costs rise 67%
A jump in cash costs have left High River Gold Mines (HRG-T) with a negative second quarter even with a 61%-increas…